China: Profits made by the cement industry have fallen by 67.6% year-on-year to US$521m for the first quarter of 2015 according to statistics released by the National Development and Reform Commission (NDRC). Cement output fell slightly by 3.4% year-on-year to 428Mt in the same period.
China cement industry profits plummet by 68% to US$521m in Q1
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